Home > M&A deals 2018 > Kelso & Company, L.P. acquires The Newport Group, Inc.
Buyout (LBO, MBO, MBI) · Financial Services · September 2018

Kelso & Company, L.P. acquires The Newport Group, Inc.

On September 13, 2018, Kelso & Company, L.P. acquired The Newport Group, Inc., a financial services company in California, United States.

Deal at a glance

AnnouncedSeptember 13, 2018 TypeBuyout (LBO, MBO, MBI) TargetThe Newport Group, Inc. Buyer Kelso & Company, L.P. SectorFinancial Services LocationCalifornia, United States ValueNot disclosed

Target company

The Newport Group, Inc.
California, United States
Financial Servicessector
-founded
Activestatus
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Buyer

Kelso & Company, L.P.
Private equity firm · 75 deals on record
  • 4th transaction in financial services
  • 60th transaction in United States
75deals, all time
4in this sector
2020latest

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Questions about this deal

Who acquired The Newport Group, Inc.?Kelso & Company, L.P. acquired The Newport Group, Inc. on September 13, 2018.

What type of deal was it?It was a buyout (lbo, mbo, mbi) in the financial services sector in 2018.

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